Update (May 8, 2023): As my original answer suggested, Merriam-Webster's Eleventh Collegiate Dictionary (2003) has no entry for bold as a verb or bolded as an adjective. Likewise, it has no entry for boldface as a verb. Editions of The American Heritage Dictionary of the English Language as recent as the fifth edition (2011) similarly have no entry or bold as a verb or bolded as an adjective. However AHDEL has included a mention of boldface as a verb since its first edition (1969), within the larger entry for the term boldface. Here is the entry from the first edition:
boldface n. Abbr. bf, bf., b.f., bld. Printing. Type cut with thick, heavy lines so as to give a conspicuous black impression. —adj. Abbr. bf, bf., b.f., bld. Printed in boldface. —tr.v. boldfaced, -facing, -faces. 1. To mark (copy) for printing in boldface. 2. To print or set in boldface.
Judging from the fact that boldface was being used as a verb in the printing business more than fifty years ago with enough frequency to earn inclusion in the first edition of AHDEL, and from the fact that bolded appears in print as a past-tense verb at least as early as 1984, I think it is highly likely that the verb bolded as it is used today emerged as a short form of the verb boldfaced and not as a short form (or variant) of the verb emboldened.